Sleepy Hollow-New York Savings

Increase your Sleepy Hollow Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could add to the sale price of your home. As mentioned before, windows preserve most of their initial value especially given their long life expectancy. At a rate of 72.3% estimated for 2020 an average total window replacement job costing $17,925 would preserve $13,018 of its initial value.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the return on energy savings if you sell your home? What follows is what we estimated in Sleepy Hollow:

Put differently, a window investment in Sleepy Hollow can add anywhere from 0.38% percent and 2.09 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Sleepy Hollow homeowner is quite strong.

The variation between the range for Sleepy Hollow and Buffalo, which for reference, would yield a potential premium range of 0.24% percent and 0.34% percent respectively, may come from a number of factors, particularly; the 6.17% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and heating & cooling price differences between Sleepy Hollow and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research executed by the NAHB. Sleepy Hollow home value data is provided by Zillow.

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